Word: buyer
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...huge, free-standing business, and he pulls the rest of us along with him." Of course, if anything is dampening enthusiasm, it's the Wizards dull image. "There are a lot of people out there who didn't even know Washington had a team," says a Sears buyer...
...bull market. Others will too, it is hoped, because so far all we've got is a set of "best practices" for bankers and analysts and yet no way to enforce them. A few firms have eliminated some conflicts of interest--but not the worst ones. As ever, buyer beware...
Which, in effect, it was. GE made a last-ditch effort, suggesting that it sell a part of GECAS in a private placing to a handpicked buyer. Monti didn't take that seriously. Honeywell's CEO Michael Bonsignore desperately offered to drop the purchase price of his company, but Welch wasn't interested. And so, on July 3, the full European Commission endorsed the decision that Monti had made. "We remain," said Monti, "distinctly unimpressed by any political pressure...
...producer of photovoltaics, developed his design at the University of Delaware with the assistance of U.S. Department of Energy funding. The U.S. government, he argues, could make American renewable-energy companies more competitive globally simply by treating them fairly in government-purchasing decisions. "The U.S. government is the biggest buyer of electricity in the world," he says, "and often at prices above what we can deliver with solar. All we are asking is that the government look at what it's paying, and anyplace where solar or other renewables are cost effective, use them...
...showed the virtues of asymmetry during the Asian financial crisis of 1997-98. Fiscal and monetary corsets constrained Europeans as they prepared for the introduction of the euro; Japan was flat on its back. Assisted by the Fed's aggressive rate cutting, the U.S. consumer became the world's buyer of last resort, mopping up goods that would not otherwise have found a market...